Money “FOG” — fear, obligation, guilt — blocks healthy views on money. investinyou (in partnership with acorns)
div > div.group > p:first-child"> As a female certified financial planner professional and founder of my advisory firm, I enjoy seeing women get excited about achieving financial confidence. They learn to value the role money plays in living their best life. They experience the freedom to build, enjoy and share wealth on their own terms.One threatening mental block to financial confidence and freedom for women is"money FOG.
Real facts — such as the gender pay gap, the lack of gender diversity in the workplace , and a low representation of women on corporate boards — also invoke fears of unemployment, job loss and stagnant careers. Sexism threatens to reduce a woman's chances to earn the money in ways that support her financial and life goals.
A woman's desire to offer financial assistance often extends beyond children to parents, other family members and friends. She feels obligated to help those in need, trusting that her contribution will improve their situation. She doesn't dig deep into the true nature of the financial request, nor does she realize the outlays fuel financial irresponsibility by both parties.
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